business

Meta is laying off about 8,000 workers, or about 10 per cent of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. Source link

A delegation of First Nations leaders from British Columbia have come to Calgary to relay a message to pipeline executives face-to-face: steer clear of investing in a new bitumen pipeline to the northwest coast or risk a prolonged legal fight. Source link

WestJet is increasing the price many passengers will pay to check baggage less than two weeks after a similar Air Canada move, with increases of $5, $10 and $50 to certain checked luggage fees. Source link

Two of the biggest global names in Punjabi music are set to take over Canada’s largest venues — underscoring the genre’s explosive rise worldwide. Diljit Dosanjh and Karan Aujla are launching Canadian tours drawing demand promoters say rivals some of the biggest names in hip-hop. Source link

Fresh veggies cost 7.8 per cent more in March compared to March last year, according to Statistics Canada’s most recent inflation numbers. And the worst offender? The mighty cucumber. Source link

The Vancouver-based athleisure retailer announced Wednesday that Heidi O’Neill will become its next chief executive officer on Sept. 8, when she will also join its board. Source link

Transat A.T. Inc travel company will reduce capacity by six per cent from May to October. Source link

Instagram is testing a premium subscription that, for a monthly fee, allows users to extend the life of their story posts, “spotlight” their stories to put them at the front of followers’ feeds and see how many people have rewatched their stories. It’s part of an industry-wide shift away from services that are free and […]

Mythos, Anthropic’s most advanced AI model to date, has sparked fears about the threat to traditional software security after the AI ‌startup said the preview had uncovered “thousands” of major vulnerabilities in “every major operating system and web browser.” Source link

The increase comes after the inflation rate fell in February to 1.8 per cent. Source link